2024 BDT to MNT Historical Review

YEARLY HIGH

31.5749 MNT

YEARLY LOW

28.2775 MNT

YEARLY AVERAGE

29.7386 MNT

2024 BDT to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BDT to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on March 23, valuing the pair at 31.5749. Conversely, the yearly low was recorded on November 10, dropping to 28.2775.

This high-to-low spread represents a total annual volatility of 3.2973 MNT. From a start-to-finish perspective, comparing the January average rate of 31.4404 to the December average rate of 28.4433, the exchange rate registered a net change of -9.53% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 31.5749 was down 6.00% compared to the 2023 peak of 33.5920, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 BDT based on timing:

Yearly Peak High 157,874 MNT

2023 Average 160,279 MNT

Yearly Trough Low 141,388 MNT

Transaction Impact: A difference of 16,486.59 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

31.7571

28.1127

JanuMarcMayJulySeptNove

BDT to MNT Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 30.8610, compared to 28.6161 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.2449 points.

H1 Avg (Jan–Jun) 30.8610

H2 Avg (Jul–Dec) 28.6161

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 2.1751 MNT (High: 31.5228 / Low: 29.3477). On the other end, September was the most stable month, with a tight range of 0.1203 MNT (High: 28.5070 / Low: 28.3867).

May Spread (Volatile) ±2.1751

September Spread (Stable) ±0.1203

Growth Streaks & Declines

Trends

Between October and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 1.4144 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -1.4144

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 31.4534) against the same month in 2023 (average: 32.2151), the exchange rate shifted by -0.7618 (-2.36%).

2024 Avg (March) 31.4534

2023 Avg (March) 32.2151

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	31.5247	31.3483	31.4404
February	31.5011	31.1492	31.4296
March	31.5749	31.3513	31.4534
April	31.5182	31.3574	31.4455
May	31.5228	29.3477	30.0311
June	29.4274	29.1816	29.3660
July	29.4461	28.9089	29.2254
August	29.1824	28.3564	28.7507
September	28.5070	28.3867	28.4305
October	28.4571	28.3188	28.4164
November	28.5653	28.2775	28.4305
December	28.5497	28.3928	28.4433